Test Practice
Lessons 4-6

This test relates to the following course outcomes:

Apply the models used by economists to explain how efficient production decisions are made in an environment of scarcity
Evaluate the impacts of government actions in markets on efficiency and fairness
Analyze the impacts of taxes on consumers, producers, employers, and workers

This Test Practice will cover information from this lesson as well as the previous two lessons.
There is no time limit on the Test Practice.
Once you achieve an 80% or higher on this Test Practice you will be allowed to advance to this lesson's Test.
If you do not pass this Test Practice with an 80% or higher within 5 tries, you will not be eligible to take the graded test and must move to the next lesson.
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